Search For "central bank"
BNB Prime Token: Disrupting the crypto utilities, NFT, Gaming Landscape wi
Updated : 3 years ago IST
New Delhi [India], March 17 (ANI/PNN): Cryptocurrency has recently disrupted the traditional financial system with its decentralized and transparent nature. With each passing day, the crypto industry is evolving and introducing new solutions to tackle the challenges faced by investors. One s
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ECB hikes rates by 50 bps despite financial turmoil
Updated : 3 years ago IST
At a news conference on Thursday, ECB President Christine Lagarde signalled the bank would be cautious about further rate increases, while stressing it stood ready to provide fresh liquidity to banks.
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Credit Suisse to borrow USD 53.7 bn from the Swiss central bank to reinfor
Updated : 3 years ago IST
According to The Wall Street Journal, Credit Suisse, by doing this, plans to shore up its liquidity, capping a day in which fears about the health of global banks leapfrogged to Europe from North America.
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"We are taking the G20 to the people of our country, we are making it a Pe
Updated : 3 years ago IST
The Indian Ambassador said India's G20 presidency started off well. "We've had several important meetings including the Foreign Minister's Meeting and the meeting of the Finance Ministers and Central Bank Governors," she said.
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Indian stocks fell sharply over weak global cues; Sensex slips 800 pts
Updated : 3 years ago IST
Stock indices in India fell for the second consecutive session tracking weak cues from the overnight US markets. Also, the US central bank signalling that further hikes in interest rates may be needed to bring inflation to comfortable levels also hurt the market sentiment.
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Policy tightening has ways to go as global inflation above targets: Singap
Updated : 3 years ago IST
Ravi Menon, Managing Director of the Monetary Authority of Singapore said most central banks have shifted to a more moderate pace of monetary policy tightening in line with inflation coming off its peak, however, he believes the tightening cycle has some ways to go as the inflation numbers a
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Sri Lankan President welcomes financial assurances from creditors, highlig
Updated : 3 years ago IST
Wickremesinghe stated that he and Sri Lanka's Central Bank Governor signed the agreement and sent it to IMF. He noted that a response from IMF is expected this month followed by funds from World Bank and Asian Development Bank.
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RBI governor launches Har Payment Digital for making every citizen a user
Updated : 3 years ago IST
Digital Payment Apnao, Auron ko Bhi Sikhao (Adopt digital payments and Teach others also) -- will be the theme for this awareness week, according to the central bank's statement released on Monday.
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Pakistan's central bank increases interest rate by 300 basis points to 20
Updated : 3 years ago IST
Pakistan's Central Bank increased the interest rate by 300 bps taking the total increase to 1,050 bs since January 2022 to counter rising inflation.
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RBI slaps over Rs 3-crore penalty on Amazon Pay
Updated : 3 years ago IST
According to a statement from the central bank, the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the entity with its customers.
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G-20 will deliberate on crypto as one constituent of countering terrorism:
Updated : 3 years ago IST
The Foreign Secretary also reminded that at the Finance Ministers and Central Bank Governor's meeting in Bengaluru, crypto was devoted extensive time.
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Snapping 7-day losses, Indian stock indices gather some steam
Updated : 3 years ago IST
Till Friday, the stocks declined over concerns that global growth will continue to slow in 2023 due to monetary policy tightening by various central banks to control inflation.
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